BLUE CHIP CORNER DEVELOPMENT SITE ON BUSTLING PROSPECT ROAD
Asking Price $1,775,000
- Urban Corridor – Transit Lane Policy Area
- 1,035sqm corner site
- Existing workshop of approx. 480sqm
With what is fast becoming one of metropolitan Adelaide's most highly sought after and most visited inner-city locations this prime corner Prospect Road site provides you with unrivalled opportunity.
Offering a juxtaposition of quality cosmopolitan lifestyle, excellent capital growth opportunities, and high visibility this corner site of over one-quarter of an acre has been utilised for nearly 5 decades as a workshop. Either retain the existing use or with the rezoning some 5 years prior to Urban Corridor – Transit Living Policy Area, there is the excellent prospect to redevelop this site to medium density residential or mixed use development (STCC).
With the adjacent location of the iconic St Helen's Park, you are provided with the unrivalled opportunity for your development of 3-4 storeys to take advantage of the panoramic vista of this beautiful tree-lined reserve.
The site itself is approximately 3.5km's north from the Adelaide CBD, 2.7km's from the iconic Adelaide Oval and just 200m from Blackfriars Priory School, Prescott College and also within the Adelaide High School and Adelaide Botanic School Zones.
The property will be sold inclusive of GST.
35 Prospect Road is:
- Without easements or registered encumbrances;
- A prime and possibly once if a lifetime opportunity location;
- Within the Urban Corridor Transit Living zone which envisages medium density residential or mixed-use development of 3-4 storeys (STCC);
- Only a short walk to the bustling and vibrant café strip of Prospect Road, Palace Nova Cinemas, Schinella's Food Market, and a vast array of commercial and retail businesses;
- Zoned to Prospect Primary and Nailsworth Primary Schools; and to Adelaide High School and Adelaide Botanic High Schools.
Specifications:
- CT / 6153/77
- Council / City of Prospect
- Zoning / URC/TL/
- Land / 1034m2
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own inquiries and obtain their own legal advice
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